Donald Trump's sprawling international business creates countless conflicts of interest, which could lead to corruption. And handing his business over to his kids wouldn't solve that. Here's why. SEE MORE: Trump's Business Could Make His Presidency An Ethical Minefield For one, this is not a blind trust — like, at all. In a blind trust, one person hands off their business to someone else and doesn't communicate with them. That's unlikely to happen. What's more, Trump appointed his three oldest kids to his transition team. And his daughter Ivanka Trump has been in a meeting with Japan's prime minister and a call with Argentina's president . She also met with Indian businessmen who spoke to Donald Trump about expanding deals with his ventures. Plus, in a true blind trust, Trump would sell off his company assets, just as previous presidents have. But Trump plans to hold on to his, meaning he'll profit from any business gains during his presidency. And previous presidents have set another standard Trump hasn't followed: releasing tax returns . That means we don't know the full scope of the potential conflicts of interest surrounding Trump — or his kids. Trending stories at Newsy.com Donald Trump's DC Hotel Is A Big Conflict Of Interest Trump's Transportation Secretary Pick Is No Stranger To White House Donald Trump Wants To Outlaw Burning The American Flag

President-elect Donald Trump gives the thumbs up as he arrives at the Trump National Golf Club Bedminster clubhouse, Sunday, Nov. 20, 2016 in Bedminster, N.J.. (AP Photo/Carolyn Kaster)

Carolyn Kaster

Copyright Associated Press

President-elect Donald Trump took to Twitter Wednesday morning to announce he's leaving his businesses in total "in order to fully focus on running the country."

In a series of tweets, Trump announced a press conference scheduled for Dec. 15 in New York City with his children to discuss his decision.